US sanctions ally of Israeli minister, entities backing ‘extremist’ settlers
By Simon Lewis WASHINGTON (Reuters) -The United States on Friday imposed sanctions on an ally of Israel’s far-right national security minister and two entities that raised money for Israeli men accused of…
Czech windfall tax would affect energy, banks and maybe another sector -finance minister
PRAGUE (Reuters) – The Czech government will decide in three weeks whether to impose a windfall tax on large energy companies and banks and may include one more sector if it goes…
Swedish economic growth set to slow significantly – finance minister
STOCKHOLM (Reuters) – Swedish economic growth is expected to slow significantly during the second half of the year as high inflation hampers economic activity, Sweden’s finance minister said on Thursday. “We are…
‘Stealth Bulldozer’: Former Australian Prime Minister Secretly Seized Control Of Gov’t Ministries During Pandemic
‘Stealth Bulldozer’: Former Australian Prime Minister Secretly Seized Control Of Gov’t Ministries During Pandemic Micaela Burrow on August 17, 2022 Former Australian Prime Minister Scott Morrison secretly took emergency controls of five…
Germany’s finance minister says he opposes taxing ‘excessive’ profits
BERLIN – Germany should not tax “excessive” company profits earned amid an economic and energy crisis as that would interfere with market forces, the finance minister said in an interview on Sunday…
Colombia to ‘radically diversify’ exports, says new finance minister
By Nelson Bocanegra CARTAGENA – Colombia will prioritize the diversification of its exports to reduce its dependence on oil, gas and mining and combat its high trade deficit, its new Finance Minister…
Thai banks urged to freeze rates even if cbank hikes policy rate-Finance Minister
BANGKOK – Thailand’s commercial banks should not rush to raise their interest rates even though the central bank will tighten monetary policy, the finance minister said on Wednesday. The Bank of Thailand…
Thailand foreign tourist arrivals to reach 10 million this year – Finance Minister
BANGKOK – Thailand’s foreign tourist arrivals should reach 10 million this year, helping drive the economy along with increased exports, the finance minister said on Wednesday. Southeast Asia’s second-largest economy is improving…
German finance minister draws up 14 billion eur relief plan – Spiegel
BERLIN – German Finance Minister Christian Lindner plans a 10.1 billion euro ($10.29 billion) relief package to help taxpayers in 2023 which he is set to present next week, the Spiegel news…
In first visit to China, South Korean foreign minister seeks to reassure Beijing over U.S. ties
By Hyonhee Shin SEOUL – South Korea foreign minister Park Jin is set for his first visit to China on Monday as President Yoon Suk-yeol’s government seeks to reassure Beijing about their…
Japan intends to keep stake in Sakhalin-1 oil project – industry minister
By Yuka Obayashi TOKYO – Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily banned Western…
Taiwan is not a part of U.S. but Chinese territory, says Chinese foreign minister
BEIJING – Chinese foreign minister Wang Yi said on Sunday that Taiwan is not part of the United States but Chinese territory, in the latest diplomatic invective against U.S. policy since a…
Factbox-What will Liz Truss do if she becomes UK prime minister?
LONDON – Foreign Secretary Liz Truss is leading the race to become Britain’s next prime minister, with two opinion polls putting her well ahead of former finance minister Rishi Sunak. Below are…
Myanmar junta frustrating everyone over peace plan – Malaysia minister
PHNOM PENH – Myanmar’s ruling military has been uncooperative and has frustrated everyone in the Association of Southeast Asian Nations (ASEAN) with its lack of progress in implementing a peace plan, Malaysia’s…
Japanese finance minister frets about ‘hectic’ yen swings
By Tetsushi Kajimoto TOKYO – Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated the need for currencies to move stably reflecting fundamentals, describing recent yen swings as “hectic”, highlighting the complication for…
India will not slip into recession, stagflation – minister
NEW DELHI – India will not slip into recession or stagflation, Finance Minister Nirmala Sitharaman told parliament on Monday, after opposition parties raised concerns about rising inflation and its impact on the…
Ukraine gets more U.S., German rocket launcher systems – minister
(Reuters) – Ukraine has received more German and U.S.-made multiple rocket launcher systems, part of a series of deliveries of the high-precision heavy weapons promised by its allies, its defence minister said…
Even as China becomes more assertive, there are still shared interests, New Zealand’s prime minister says
By Lucy Craymer WELLINGTON – New Zealand Prime Minister Jacinda Ardern said on Monday that even “as China becomes more assertive in the pursuit of its interests”, there are still shared interests…
Pakistan imports fall sharply in July, to help rupee stabilise – finance minister
ISLAMABAD – Pakistan imports fell by more than a third in July after a ban on non-essentials, the finance minister said on Sunday, adding the improved trade situation will reduce pressure on…
Colombia’s next finance minister says rate rises have limited impact on inflation
BOGOTA – Interest rate hikes have a limited capacity to rein in accelerating inflation because supply issues are one of the key drivers of consumer price increases, Colombia’s next finance minister, Jose…
Bhutan considering steps to avoid fallout of falling forex reserves -minister
By Gopal Sharma and Manoj Kumar KATHMANDU/NEW DELHI – Bhutan is considering several steps to contain adverse impacts on the economy following a fall in foreign exchange reserves, its economic affairs minister…
Nigeria’s newly licensed national carrier to lease Airbus, Boeing aircrafts -minister
ABUJA – Nigeria’s newly licenced national carrier will lease a mix of Airbus and Boeing aircraft, the aviation minister said on Wednesday. Hedi Sirika told reporters in Abuja after the plan was…
UK prime minister hopefuls feud over tax and spending plans
By Andy Bruce and Elizabeth Piper LONDON – The final two candidates in the race to succeed British Prime Minister Boris Johnson clashed on Monday in a televised debate, during which they…
‘We’ll Be Busy With Popular Uprisings’: German Minister Makes Dire Remark About Energy Crisis
‘We’ll Be Busy With Popular Uprisings’: German Minister Makes Dire Remark About Energy Crisis Jack McEvoy on July 22, 2022 German Foreign Minister Annalena Baerbock made a dire prediction about her country’s…
Cuban economy minister sees gradual recovery despite long lines and blackouts
By Marc Frank HAVANA – Cuba’s economy has begun to recover from the effects of the pandemic and should grow 4% this year, its economy minister said, although most Cubans have seen…
Sri Lankan Parliament Elects Allegedly Corrupt Former Prime Minister As President
Sri Lankan Parliament Elects Allegedly Corrupt Former Prime Minister As President Micaela Burrow on July 20, 2022 Sri Lanka’s parliament elected former prime minister Ranil Wickremesinghe, a figure seen by many as…
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